South Carolina Code of Regulations
Chapter 61 - DEPARTMENT OF HEALTH AND ENVIRONMENTAL CONTROL
Subchapter 61-92 - UNDERGROUND STORAGE TANK CONTROL REGULATIONS
Part 280 - TECHNICAL STANDARDS AND CORRECTIVE ACTION REQUIREMENTS FOR OWNERS AND OPERATORS OF UNDERGROUND STORAGE TANKS (UST)
Subpart H - FINANCIAL RESPONSIBILITY
Section 61-92.280.H.110 - REPORTING BY OWNER OR OPERATOR
Universal Citation: SC Code Regs 61-92.280.H.110
Current through Register Vol. 48, No. 9, September 27, 2024
(a) An owner or operator must submit the appropriate forms listed in Section 280.111(b) documenting current evidence of financial responsibility to the Department:
(1) Within 30 days after the
owner or operator identifies a release from an UST required to be reported
under Sections 280.53 or 280.61;
(2) If the owner or operator fails to obtain
alternate coverage as required by this subpart, within 30 days after the owner
or operator receives notice of:
(i)
Commencement of a voluntary or involuntary proceeding under Title 11
(Bankruptcy), U.S. Code, naming a provider of financial assurance as a
debtor;
(ii) Suspension or
revocation of the authority of a provider of financial assurance to issue a
financial assurance mechanism;
(iii) Failure of a guarantor to meet the
requirements of the financial test;
(iv) Other incapacity of a provider of
financial assurance; or
(3) As required by Sections 280.95(g) and
280.109(b).
(b) An owner or operator must certify compliance with the financial responsibility requirements of this part as specified in the new tank notification form when notifying the Department of the installation of a new UST under Section 280.22.
(c) The Department may require an owner or operator to submit evidence of financial assurance as described in Section 280.111(b) or other information relevant to compliance with this subpart at any time.
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